The Fact That Some Consumers Want Flavored Bottled Water and Others

question 35

Multiple Choice

The fact that some consumers want flavored bottled water and others want it with added minerals provides an opportunity for _____ segmentation.

• A)socioeconomic
• B)benefit
• C)geographic
• D)psychographic
• E)demographic

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Definitions:

Subsidiaries

Companies that are completely or partly owned and partly or wholly controlled by another company, known as the parent company.

Demand-Pull Inflation

occurs when prices rise because the demand for goods and services exceeds supply.

Price of Houses

The amount of money required to purchase residential properties, influenced by factors such as location, size, and market conditions.

Sharp Increase

A rapid and significant rise in a particular metric, such as price, volume, or value.